Gouverneur Bancorp, Inc. announced on July 24, 2025, that its Board of Directors approved a new stock repurchase program. This program authorizes the company to repurchase up to 52,778 shares of its outstanding common stock.
The authorized amount represents 5% of the company’s outstanding common stock. These repurchases will be conducted through open market purchases, which may include purchases under a trading plan.
This second repurchase program, following an earlier authorization in December 2024, underscores the company's ongoing strategy to return capital to shareholders. It reflects management's confidence in the company's financial health and its commitment to enhancing shareholder value.
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